Lucintel Forecasts the Global Telecom API Market is expected to grow with a CAGR of 12.7% from 2025 to 2031
According to a market report by Lucintel, the future of the global telecom API market looks promising with opportunities in the enterprise and government markets. The global telecom API market is expected to grow with a CAGR of 12.7% from 2025 to 2031. The major drivers for this market are the increasing adoption of cloud based telecom platforms, the rising demand for omnichannel customer engagement, and the growing use of application driven communication services.A more than 150-page report to understand trends, opportunity and forecast in telecom API market to 2031 by type (SMS, MMS, & RCS API, WebRTC API, payment API, maps & location API, identity management API, voice API, and others), application (enterprise, government, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, WebRTC API is expected to witness the highest growth over the forecast period.
Within the application category, enterprise is expected to witness higher growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
Verizon, AT&T, China Mobile, Deutsche Telekom AG, Softbank, China Telecom, Telefonica, Vodafone, America Movil, Orange are the major suppliers in the telecom API market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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